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ConAgra Foods (NYSE:CAG) Director William G. Jurgensen sold 7,581 shares of the company’s stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $30.64, for a total transaction of $232,281.84. Following the sale, the director now directly owns 91,326 shares of the company’s stock, valued at approximately $2,798,229. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on CAG shares. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of ConAgra Foods in a research note on Monday, June 23rd. They now have a $28.00 price target on the stock, down previously from $32.00. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of ConAgra Foods in a research note on Thursday, June 19th. They now have a $35.00 price target on the stock, down previously from $36.00. Finally, analysts at Bank of America downgraded shares of ConAgra Foods from a “buy” rating to an “underperform” rating in a research note on Thursday, June 19th. They now have a $30.00 price target on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. ConAgra Foods has an average rating of “Hold” and a consensus price target of $32.92.

ConAgra Foods (NYSE:CAG) traded up 0.26% during mid-day trading on Friday, hitting $30.59. 2,922,863 shares of the company’s stock traded hands. ConAgra Foods has a one year low of $28.09 and a one year high of $37.28. The stock’s 50-day moving average is $31.11 and its 200-day moving average is $31.05. The company has a market cap of $12.909 billion and a price-to-earnings ratio of 42.97.

ConAgra Foods (NYSE:CAG) last issued its quarterly earnings data on Thursday, June 26th. The company reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.40 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts predict that ConAgra Foods will post $2.25 earnings per share for the current fiscal year.

ConAgra Foods, Inc is a packaged food company. The Company operates in four segments: Consumer Foods, Commercial Foods, Ralcorp Food Group, and Ralcorp Frozen Bakery Products.

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